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Guidelines on Foreign ExchangeC1ONTENTS Page Foreword2Introduction3Regulations3Foreign Exchange Documentation5Credit Facilities Denominated in FCY9Returns to Central Bank of Kenya10Correspondent Banking
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The guidelines on foreign exchange are regulations set by the government to control and monitor the flow of foreign currency in and out of the country.
Any individual or entity engaged in foreign exchange transactions is required to file guidelines on foreign exchange.
Guidelines on foreign exchange can be filled out online through the designated government portal or by submitting a physical form to the relevant authority.
The purpose of guidelines on foreign exchange is to ensure transparency, compliance with regulations, and proper monitoring of foreign currency transactions.
Information such as the amount and purpose of foreign exchange transactions, the parties involved, and the source of funds must be reported on guidelines on foreign exchange.
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